The course delves into topics in business law but in a novel context: ESG/SDG, and economic growth, Global concerns about climate change, economic security and the resiliency of critical supply chains, coincide with increasing questioning of the role of publicly traded corporations. This concern manifests itself in calls for corporations to respect the interests of an ever-expanding network of stakeholders. Terms such as SDG or ESG reflect the belief that corporations are in reality, fiduciaries, and are obligated to strive for sustainable profits by jettisoning “short-termism” and taking into account long-term sustainability in the contexts of the environment, social justice and other goals. Accordingly, boardrooms are increasingly facing demand and navigating complex social issues pressures from stakeholders to address an expanding list of challenges far beyond the classical ambit of a corporation’s purpose. To conclude, in the context of above, the course will discuss obligations of boards, corporation development, economic growth and other issues.
Relevant SDGs: 3, 6, 8, 13
